Do you think then that institutional players were already large holders of bitcoin and have been involved for quite a while, so they manipulate the price for their contracts? Or could the decline be better explained by the general speculative nature of bitcoin and the unsustainability of that bull-run to $20,000? Interested to hear your thoughts because I was also skeptical of the cash settled futures contracts having an affect on the price m...
RE: Bitcoin futures helped tank the market, though we shouldn't have been surprised